Comments on: Liberty Cap 1793 Large Cent Brings Record $632,500 http://www.coinlink.com/News/us-coins/liberty-cap-1793-large-cent-brings-record-632500/ Rare Coins & Currency News for Numismatic Collectors - Updated Daily Sun, 14 Mar 2010 12:20:18 +0000 hourly 1 By: Denis Loring, Vice President, EAC http://www.coinlink.com/News/us-coins/liberty-cap-1793-large-cent-brings-record-632500/comment-page-1/#comment-3299 Denis Loring, Vice President, EAC Sat, 08 Mar 2008 20:59:00 +0000 http://www.coinlink.com/News/us-coins/liberty-cap-1793-large-cent-brings-record-632500/#comment-3299 1793 Liberty Cap cents are listed separately in the Red Book, deemed a separate type by PCGS, are the scarcest of the three types of 1793 cent, the first year of issue of the Liberty Cap type, and called "the aristocrats of large cents" by Sheldon. All these help explain the demand for the coin. Using EAC grading, there are exactly eight 1793 Caps in XF or better outside museums, all varieties combined: S-13: 60+, 50, 50, 45, 40 S-14: 45, 40, 40. One collector owns a 40-coin of each; the other six are in six different hands. All seven owners are serious, advanced numismatists. Given today's feverish competition to own "the best," and the infreqency with which high-grade specimens are offered (only three times since 1990), the Husak price may not be all that outlandish. As the question goes, "Where will you find another?" 1793 Liberty Cap cents are listed separately in the Red Book, deemed a separate type by PCGS, are the scarcest of the three types of 1793 cent, the first year of issue of the Liberty Cap type, and called “the aristocrats of large cents” by Sheldon. All these help explain the demand for the coin.

Using EAC grading, there are exactly eight 1793 Caps in XF or better outside museums, all varieties combined:
S-13: 60+, 50, 50, 45, 40
S-14: 45, 40, 40.

One collector owns a 40-coin of each; the other six are in six different hands. All seven owners are serious, advanced numismatists.

Given today’s feverish competition to own “the best,” and the infreqency with which high-grade specimens are offered (only three times since 1990), the Husak price may not be all that outlandish. As the question goes, “Where will you find another?”

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